Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$1.33B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$781M |
| 3 |
Tesla
TSLA
|
+$468M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$467M |
| 5 |
Home Depot
HD
|
+$344M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.36B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$860M |
| 3 |
Bank of America
BAC
|
+$413M |
| 4 |
Advanced Micro Devices
AMD
|
+$283M |
| 5 |
Salesforce
CRM
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.2% |
| 2 | Consumer Discretionary | 1.94% |
| 3 | Communication Services | 1.89% |
| 4 | Healthcare | 1.12% |
| 5 | Financials | 1.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $279M | 0.08% |
9,441,400
-5,422,500
| -36% | -$148M |
|
202
CALL
Qualcomm
QCOM
$169B
| $277M | 0.08% |
3,138,100
-1,416,200
| -31% | -$118M |
|
203
PUT
3M
MMM
$92.3B
| $272M | 0.08% |
1,842,677
+165,646
| +10% | +$23.2M |
|
204
CALL
RTX Corp
RTX
$283B
| $270M | 0.08% |
2,868,145
-559,169
| -16% | -$50.7M |
|
205
PUT
Workday
WDAY
$49.4B
| $269M | 0.08% |
1,637,500
-65,900
| -4% | -$10.9M |
|
206
PUT
Ulta Beauty
ULTA
$22.4B
| $267M | 0.08% |
1,056,000
-488,300
| -32% | -$119M |
|
207
PUT
Beyond Meat
BYND
$254M
| $267M | 0.08% |
117,840
-46,417
| -28% | -$129M |
|
208
PUT
CVS Health
CVS
$119B
| $267M | 0.08% |
3,596,100
-1,804,800
| -33% | -$127M |
|
209
CALL
Lowe's Companies
LOW
$121B
| $266M | 0.08% |
2,224,000
-408,400
| -16% | -$46.7M |
|
|
XLNX
210
PUT
DELISTED
Xilinx Inc
XLNX
| $266M | 0.08% |
2,722,100
+920,500
| +51% | +$86.5M |
|
211
Starbucks
SBUX
$122B
| $262M | 0.08% |
2,977,161
+2,199,582
| +283% | +$188M |
|
212
PUT
Caterpillar
CAT
$381B
| $262M | 0.08% |
1,772,000
-583,300
| -25% | -$81.4M |
|
213
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $262M | 0.08% |
4,154,800
+2,611,800
| +169% | +$161M |
|
214
CALL
GE Aerospace
GE
$361B
| $260M | 0.08% |
4,681,254
+1,035,406
| +28% | +$53.5M |
|
215
Roku
ROKU
$23.4B
| $260M | 0.07% |
1,944,160
-63,291
| -3% | -$8.7M |
|
216
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $260M | 0.07% |
691,300
+84,200
| +14% | +$28.3M |
|
217
PUT
Lockheed Martin
LMT
$130B
| $260M | 0.07% |
666,500
+98,000
| +17% | +$37.6M |
|
218
CALL
Bausch Health
BHC
$2.41B
| $259M | 0.07% |
8,654,900
+6,467,700
| +296% | +$168M |
|
219
PUT
Blackrock
BLK
$179B
| $256M | 0.07% |
508,400
-52,500
| -9% | -$24.9M |
|
|
220
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $255M | 0.07% |
680,400
+268,800
| +65% | +$90.4M |
|
221
Procter & Gamble
PG
$336B
| $255M | 0.07% |
2,041,934
-502,833
| -20% | -$61.5M |
|
222
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $253M | 0.07% |
4,033,000
+1,447,200
| +56% | +$88M |
|
223
Cisco
CSCO
$438B
| $249M | 0.07% |
5,189,688
+4,099,584
| +376% | +$191M |
|
224
CALL
AutoZone
AZO
$48.3B
| $248M | 0.07% |
208,000
-22,500
| -10% | -$26M |
|
225
PUT
Charter Communications
CHTR
$17.9B
| $246M | 0.07% |
508,100
+214,600
| +73% | +$98.8M |
|
Similar funds
Jeff Yass's Q4 2019 Portfolio in Review
As of Q4 2019, Jeff Yass held 11,328 positions worth $347B, up 16% from $298B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass deployed $12.7B of net new capital in Q4 2019, opening 1,232 new positions and adding to 3,827 existing holdings. Its largest new stake was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Amazon, an estimated $1.36B trimmed.
- Jeff Yass's largest Q4 2019 buy was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
- Jeff Yass added most to Boeing in Q4 2019, an estimated $1.33B increase.
- Jeff Yass's biggest Q4 2019 reduction was Amazon, cutting an estimated $1.36B.
- Jeff Yass fully exited Celgene Corp in Q4 2019, selling an estimated $164M.
- Jeff Yass's ten largest holdings make up 26% of its $347B portfolio in Q4 2019.
- Jeff Yass opened 1,232 new positions and closed 1,709 in Q4 2019.
- Jeff Yass's portfolio value rose 16% quarter-over-quarter to $347B.
Based on Susquehanna International Group's 13F filing for Q4 2019, filed 14 Feb 2020.